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Chapter Law Content

Title: Commercial Group Act CH
Category: Ministry of the Interior(內政部)
Chapter 2 Commercial Trade Association
Section Four: Meeting
Article 27
General meetings are decided by the board of directors and convened by the chairperson of directors, they include the follows:
1. Regular meetings convened at least once a year.
2. Extraordinary meetings convened when the board of directors consider them necessary or convened when one fifth of the member representatives demand or convened when demanded by the board of supervisors.
When the above-mentioned meetings cannot be convened according to the act, the competent authorities should appoint a director to convene these meetings.
Article 28
General meeting should be announced fifteen days before the date of meetings except for urgent issues, extraordinary meetings are not subject to this limit when they can be conveyed punctually.
The competent authorities should send personnel to attend the aforementioned meetings as non-voting delegates.
Article 29
The resolutions made in general meetings will take effect when more than half of the member representatives attend the meetings and half of the attending member representatives agree to them. But, about the following items, the resolutions will take effect only when more than two thirds of the member representatives attending the meetings and more than two thirds of the attending member representatives agree to the decisions.
1. The modification of the articles of association.
2. Punishment of members and/or member representatives.
3. Dismissal of directors and/or supervisors.
4. Dispose of properties.
5. Resolutions about liquidation and the appointment of personnel in in charge of liquidation.
Article 30
When the member representatives of commercial trade association exceed three hundred persons, preparatory meetings are to be hold according to the division of districts before general meeting; group member representatives are to be elected in proportion to the number of member representatives of each district and then the group member representatives attend the general meeting to make decisions and exert duties of commercial trade association.
Article 31
The board of directors and the board of supervisors should hold meetings respectively at least once three months, the alternate directors and supervisors should also attend the meetings.
Article 32
The resolutions made in the meetings of board of directors and board of supervisors are to take effect when more than half of the directors and supervisors attend the meetings respectively; the resignation of directors and supervisors should be adopted and take effect only when more than half of the directors and supervisors attend the meetings respectively and more than two thirds of the attending directors and supervisors respectively agree to the resignation.